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CANADIAN QUANTUM ENERGY CORPORATION V.CQM

"Canadian Quantum Energy Corp is engaged in the exploration for and development of petroleum and natural gas properties principally in the Provinces of Quebec, Ontario and Alberta."


TSXV:CQM - Post by User

Post by digitson Feb 18, 2011 6:57pm
346 Views
Post# 18161973

A little birdie told me

A little birdie told meJust got off the phone with my source from Drayton Valley. They are horizontal drilling into the Cardium formation like crazy right now. From the NR depth that is the formation we are drilling into and the horizontal length is about the same as everyone else is drilling. Fracking can be lengthy (up to 50 days) but the success rate is very high with anywhere between 800 and 8,000 barrels per day of high grade light sweet black gold. I don't need to tell you what this stock will do if we are anywhere in between that amount. Couple that with a positive release from Quebec (which should be in or around the same time frame as the Cardium results) and she is to the moon Alice. Cheers all and have a great weekend.
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